In mathematics, a constant multiplicative factor exists between consecutive terms within a geometric sequence. This factor, when applied to one term, generates the subsequent term in the sequence. For example, in the sequence 2, 6, 18, 54…, the factor is 3, as each term is obtained by multiplying the previous term by 3. This value distinguishes geometric sequences from arithmetic sequences, which rely on a constant additive difference.
Understanding this multiplicative factor is crucial for analyzing and predicting the behavior of geometric sequences and series. It allows for the calculation of any term in the sequence without needing to iterate through all preceding terms. Furthermore, it plays a significant role in various mathematical models, including compound interest calculations, exponential growth and decay models, and certain areas of probability. Historically, the concept has been fundamental in the development of mathematical progressions and their applications in diverse fields such as finance, physics, and engineering.